Savy Update | Shark Tank Season 9

Disha Shidham created Savy, a price negotiation app aimed at budget-conscious millennials. She developed Savy to address the challenge of finding affordable, personalized shopping experiences. However, the limited number of retail partners has been a hurdle for user growth. Partnering with a shark could offer the resources and connections needed to expand their services and attract more users. Let’s see if the sharks were interested in this product in our Savy update and pitch recap.

If you’re short on time, here’s a quick overview of what happened to Savy after Shark Tank.

Disha Shidham appeared on Shark Tank in Season 9, seeking $100,000 for 10% equity in her price negotiation app, Savy. After her presentation, the sharks were not convinced of the business’s scalability, and she left without a deal.

In terms of a Savy update, despite Disha’s efforts to scale her business, Savy ultimately went out of business in 2018.

Shark	Result
Mark Cuban	No offer
Kevin O’Leary	No offer
Lori Greiner	No offer
Daymond John	No offer
Robert Herjavec	No offer

Shark Tank Savy Pitch

• Entrepreneurs: Disha Shidham
• Business: Online Shopping
• Ask: $100,000 for 10% equity
• Result: No deal
• Sharks: None

Disha confidently entered Shark Tank to pitch her innovative platform, Savy, which allows consumers to set their own prices for items they wish to purchase.

Savy is a mobile app that helps budget-conscious shoppers find deals for their online purchases. It is best for users who are price-sensitive and actively seek bargains. 

The app flips the traditional shopping model on its head by allowing users to set their desired price for an item rather than simply browsing and accepting the retailer’s listed price. 

Savy offers real-time price tracking, enabling users to monitor fluctuations and identify cash-back saving opportunities. 

The core functionality involves setting a preferred price for a specific item.

Once a user sets their price, Savy monitors partner retailers and alerts them when the desired price point is reached.

This feature allows users to be notified of deals and make informed purchasing decisions. 

Disha sought investment to enhance Savy’s technology and expand its user base, hoping to change the face of online shopping by aligning product prices with customer expectations.

She informed the sharks that she had partnered with 1,000 different stores but had only managed to bring on about 2,000 active users. 

Upon learning this, the sharks felt disappointed about the low number of users, but Disha emphasized that Savy was a startup business.

During the discussion about her background, Disha told the sharks that she wanted to focus on her business and was not interested in going back to school.

Mark Cuban said he wasn’t interested in the business. He’s out. 

Kevin O’Leary also exited the deal. He believed that Disha and her company were too early in their growth to justify the investment risk.

Robert Herjavec, Lori Greiner, and Daymond John were still considering, but they quickly dropped out due to Savy’s startup phase and the long road ahead.

Unfortunately, Disha Shidham was unable to secure a deal from any of the sharks, so she left without a deal. 

Let’s get a Savy update to see whether or not Disha has decided to keep her business going.

Shark Tank Savy Update

Shortly after her Shark Tank appearance, Disha received some partnership interest and planned to launch a paid version of her app. 

She kept a low profile, focusing on improving Savy through the Stanford StartX accelerator. Unfortunately, these efforts weren’t enough to save the business.

Our research on the Savy update revealed that the company went out of business in 2018 due to its inability to attract a large user base and significant clients. 

By June 2021, the website and social media were inactive, and the app had been removed from app stores. 

Unfortunately, this will be our last Savy update.

You can find the other company updates from Season 9 Episode 18 here:

• Rounder Bum Update
• Brush Hero Update
• Guzzle Buddy Update

Before you go, be sure to check out our Shark Tank Season 9 page.